
\begin{table}
\begin{center}
\begin{footnotesize}
\begin{tabular}{l c c c c c c c}
\hline
 & Base & Structural & S+Bonds & S+News & S+Bonds+News & S+Cables & S+Bonds+News+Cables \\
\hline
Intercept              & $321.71^{**}$ & $-16248.87^{**}$ & $-21994.55^{**}$ & $-21613.23^{**}$ & $-27455.64^{**}$ & $-21502.18^{**}$ & $-24370.46^{**}$ \\
                       & $(32.82)$     & $(2042.92)$      & $(2539.48)$      & $(4207.68)$      & $(4831.15)$      & $(3031.44)$      & $(4716.69)$      \\
Time Since MID         & $0.38^{*}$    & $0.44^{**}$      & $0.31$           & $0.34^{*}$       & $0.27$           & $0.12$           & $-0.03$          \\
                       & $(0.19)$      & $(0.17)$         & $(0.17)$         & $(0.16)$         & $(0.17)$         & $(0.16)$         & $(0.15)$         \\
Time Since MID$^2$     & $-0.00^{*}$   & $-0.00^{**}$     & $-0.00^{**}$     & $-0.00^{**}$     & $-0.00^{**}$     & $-0.00^{**}$     & $-0.00^{**}$     \\
                       & $(0.00)$      & $(0.00)$         & $(0.00)$         & $(0.00)$         & $(0.00)$         & $(0.00)$         & $(0.00)$         \\
Time Since MID$^3$     & $0.00^{*}$    & $0.00^{**}$      & $0.00^{**}$      & $0.00^{**}$      & $0.00^{**}$      & $0.00^{**}$      & $0.00^{**}$      \\
                       & $(0.00)$      & $(0.00)$         & $(0.00)$         & $(0.00)$         & $(0.00)$         & $(0.00)$         & $(0.00)$         \\
Military Exp*          &               & $0.20^{**}$      & $0.20^{**}$      & $0.35^{**}$      & $0.33^{**}$      & $0.24^{**}$      & $0.27^{**}$      \\
                       &               & $(0.03)$         & $(0.03)$         & $(0.06)$         & $(0.06)$         & $(0.04)$         & $(0.06)$         \\
Military Pers*         &               & $-54.37$         & $195.77^{*}$     & $54.04$          & $203.48^{*}$     & $60.58$          & $363.64^{**}$    \\
                       &               & $(56.98)$        & $(87.71)$        & $(69.06)$        & $(92.41)$        & $(69.91)$        & $(92.47)$        \\
Imports*               &               & $143.71^{**}$    & $107.50^{**}$    & $103.84^{**}$    & $89.96^{**}$     & $128.77^{**}$    & $65.21^{**}$     \\
                       &               & $(23.19)$        & $(24.87)$        & $(25.77)$        & $(26.30)$        & $(23.61)$        & $(24.92)$        \\
Exports*               &               & $-126.93^{**}$   & $-118.99^{**}$   & $-126.88^{**}$   & $-124.71^{**}$   & $-113.25^{**}$   & $-88.58^{**}$    \\
                       &               & $(27.53)$        & $(27.22)$        & $(26.81)$        & $(26.71)$        & $(26.04)$        & $(25.39)$        \\
Population*            &               & $44.83^{**}$     & $53.05^{**}$     & $73.87^{**}$     & $75.84^{**}$     & $56.97^{**}$     & $71.95^{**}$     \\
                       &               & $(5.73)$         & $(6.06)$         & $(11.15)$        & $(11.13)$        & $(7.79)$         & $(10.84)$        \\
Iron+Steel Prod.*      &               & $-37.55^{**}$    & $-38.13^{**}$    & $-33.20^{**}$    & $-35.04^{**}$    & $-40.11^{**}$    & $-38.24^{**}$    \\
                       &               & $(4.36)$         & $(4.30)$         & $(4.32)$         & $(4.37)$         & $(4.39)$         & $(4.44)$         \\
Bond Close*            &               &                  & $427.99^{**}$    &                  & $349.34^{*}$     &                  & $392.34^{**}$    \\
                       &               &                  & $(115.26)$       &                  & $(143.87)$       &                  & $(139.41)$       \\
Bond Return (log)*     &               &                  & $813.47$         &                  & $289.38$         &                  & $-379.29$        \\
                       &               &                  & $(1352.32)$      &                  & $(1292.57)$      &                  & $(1118.60)$      \\
\hline
Cables Topics Included & NO            & NO               & NO               & NO               & NO               & YES              & YES              \\
News Topics Included   & NO            & NO               & NO               & YES              & YES              & NO               & YES              \\
R$^2$                  & $0.03$        & $0.26$           & $0.28$           & $0.39$           & $0.40$           & $0.50$           & $0.60$           \\
Adj. R$^2$             & $0.03$        & $0.24$           & $0.26$           & $0.35$           & $0.36$           & $0.46$           & $0.54$           \\
Num. obs.              & $411$         & $411$            & $411$            & $411$            & $411$            & $411$            & $411$            \\
\hline
\multicolumn{8}{l}{\tiny{$^{**}p<0.01$; $^{*}p<0.05$.}}
\end{tabular}
\end{footnotesize}
\caption{Time to next MID as a function of public and private information. Coefficients on the 26 cables topics and on the 14 news topics not reported (see appendix for full results).  Starred coefficients are lagged}
\label{table:coefficients}
\end{center}
\end{table}
